Is a fixer upper right for you? Many home buyers feel that they can get a better deal if they purchase a home that needs a lot of work, but before you make such a decision you need to know if it is the right decision for you. Are you a handy person? Do you know people that can help you out? Can you afford to fix up the home the way you want it? Can you live in the home while you fix it up or do you need another place to live? There are many things to consider before buying a fixer upper. See the infographic below for some thoughts.
According to Remodeling Magazine, major home improvements recoup just 58 cents on the dollar so what can you do to help sell your home and not lose money? There are a few important minor repairs that are easy and inexpensive. (more…)